Budget & Taxes

in committee · Illinois · House Feb 25, 2025

HB 3952: $SERS

Makes appropriations for the ordinary and contingent expenses of the State Employees' Retirement System for the fiscal year beginning July 1, 2025, as follows: General Funds $1,974,735,420.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $1.97B from General Funds to fund SERS, directly supporting essential retirement program funding within state budget appropriations.95% confidence

Sub-Topics Pensions State Budget

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in committee · Illinois · Senate May 22, 2026

SB 1637: CONSERVATION-OPEN SPACE FUND

Amends the Open Space Lands Acquisition and Development Act. Provides that, notwithstanding any other provision of law, moneys in the Open Space Lands Acquisition and Development Fund may not be appropriated, assigned, or transferred to another State fund. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill prevents diversion of funds from Open Space Fund, protecting dedicated conservation funding per budget allocation rules.95% confidence ✓ EnvironmentSupports EnvironmentPrevents diversion of conservation funds, ensuring dedicated financing for open space protection per bill's explicit language.95% confidence

Sub-Topics Conservation

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in committee · Illinois · Senate Feb 26, 2025

SB 2620: $ILLINOIS POWER AGENCY

This bill allocates $50.99 million from the Illinois Power Agency Operations Fund and $56 million from the Renewable Energy Resources Fund to cover the agency's operational expenses and renewable energy purchases for fiscal year 2025. It specifically funds programs like the Illinois Solar for All initiative and refunds related to energy contracts. The $12 million from the Trust Fund supports depositing into the Operations Fund per existing law. As a procedural funding bill, it does not create new policies but ensures the Illinois Power Agency has necessary resources to manage current energy programs and obligations.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $50.99M and $56M from state funds to cover agency operations and renewable programs, directly supporting budget allocation for essential services.95% confidence ✓ EnergySupports EnergyAllocates $56M from Renewable Energy Resources Fund for renewable energy purchases and Illinois Solar for All program, directly funding clean energy initiatives.95% confidence ✓ EnvironmentSupports EnvironmentAllocates $56M from Renewable Energy Resources Fund for renewable energy purchases and Illinois Solar for All program, directly promoting clean energy infrastructure and environmental protection.95% confidence

Sub-Topics Renewable Energy Solar

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in committee · Illinois · Senate Mar 10, 2026

SB 1304: REDUCING BARRIERS TO START ACT

Creates the Reducing Barriers to Start Act. Beginning January 1, 2026, this State shall encourage the elimination of all first-year business fees relating to any license or registration for any new business or person establishing a new business, including home-based businesses, whose principal place of business is in this State.

Topics ✓ Budget & TaxesSupports Budget & TaxesEliminates first-year business registration fees, reducing state revenue from new business costs and providing tax relief for entrepreneurs per bill's intent.85% confidence

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in committee · Illinois · House Mar 21, 2025

HB 1291: REVENUE-ELECTRIC VEHICLES

Creates the Electric Vehicle Motor Fuel Tax Replacement Fee Act. Provides that, for State fiscal years beginning on or after July 1, 2025, each person that is an owner of an electric vehicle registered with the Secretary of State as of July 1 of that fiscal year shall pay an annual fee for each electric vehicle owned by that person. Sets forth the amount of the fee. Requires the Secretary of State and the Department of Transportation to certify certain information to the Department of Revenue for the purpose of calculating the amount of the fee. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates annual fee for EV owners to replace motor fuel tax, generating state revenue and maintaining transportation funding streams.95% confidence ✓ TransportationSupports TransportationReplaces motor fuel tax with EV fee to maintain transportation infrastructure funding as EV adoption grows, ensuring continued revenue for roads/transit90% confidence

Sub-Topics Fees & Licensing Electric Vehicles Transportation Funding Vehicle Registration

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in committee · Illinois · House Mar 21, 2025

HB 51: FINANCE-CO2 PIPELINE

Amends the Illinois Hydraulic Fracturing Tax Act. Provides that 80% of the moneys received under the Act on or after the effective date of the amendatory Act shall be paid into the Pension Stabilization Fund and 20% of those moneys shall be paid into the Carbon Dioxide Pipeline Fund. Amends the State Finance Act to create the Carbon Dioxide Pipeline Fund. Provides that moneys in the Fund shall be used by the Illinois Commerce Commission to supervise and regulate the operations of the carbon dioxide pipeline industry in Illinois. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesRedirects 80% of hydraulic fracturing tax revenue to Pension Stabilization Fund, strengthening fiscal management through dedicated budget allocation.90% confidence ✓ EnergySupports EnergyCreates Carbon Dioxide Pipeline Fund for CO2 pipeline infrastructure, supporting energy infrastructure for carbon management.90% confidence ✓ EnvironmentSupports EnvironmentCreates Carbon Dioxide Pipeline Fund for regulation, supporting carbon capture infrastructure as climate mitigation.80% confidence

Sub-Topics Pensions Oil & Gas Pipeline Infrastructure

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in committee · Illinois · House Jul 1, 2025

HB 172: $PCB-TECH

HB 172 is a legislative bill that appropriates funds for a state agency. It allocates $2 from the General Revenue Fund to the Pollution Control Board. This funding is specifically designated to cover the Board's routine operational and unforeseen expenses for the fiscal year 2026. The bill is set to become effective on July 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly appropriates $2 from General Revenue Fund to cover operational expenses, directly supporting budget allocation for state agency functions.95% confidence

Sub-Topics Revenue State Budget

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in committee · Illinois · House Mar 21, 2025

HB 3580: PROP TX-SENIOR FREEZE

Amends the Property Tax Code. Provides that, for taxable years 2026 and thereafter, the maximum income limitation for the low-income senior citizens assessment freeze homestead exemption is $75,000 for all qualified property. Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax freeze relief for low-income seniors with income ≤$75k, directly advancing tax relief for vulnerable population under Budget & Taxes.95% confidence ✓ HousingSupports HousingProvides property tax freeze for low-income seniors, reducing housing costs and supporting affordability for this demographic.85% confidence

Sub-Topics Property Tax Property Taxes

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in committee · Illinois · House Jul 1, 2025

HB 84: $BD HIGHER ED-TECH

HB 84 appropriates $2 from the state's General Revenue Fund to the Board of Higher Education. This funding is designated for the Board's ordinary and contingent expenses for fiscal year 2026, becoming effective on July 1, 2025.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $2 from General Revenue Fund to Higher Education Board for FY2026 expenses, directly funding public education through state budget allocation.90% confidence ✓ EducationSupports EducationAllocates $2 to Board of Higher Education for FY2026 expenses, directly funding higher education operations per bill summary.90% confidence

Sub-Topics Revenue Higher Education

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in committee · Illinois · House Oct 1, 2025

HB 2452: PROP TX-SENIOR HOMESTEAD

Amends the Property Tax Code. Provides that, for taxable years 2026 and thereafter, the maximum reduction under the senior citizens homestead exemption is $8,000 in all counties (currently, $8,000 in counties with 3,000,000 or more inhabitants and counties that are contiguous to a county of 3,000,000 or more inhabitants and $5,000 in all other counties). Provides that the maximum income limitation for the senior citizens assessment freeze homestead exemption is $75,000 (currently, $65,000). Effective immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases senior homestead exemption cap to $8,000 for all counties and raises income limit to $75,000, providing broader property tax relief for seniors.95% confidence

Sub-Topics Property Tax

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